Which of the following statements are true of local taxes? (Choose all that apply)

Advertising revenues support the majority of the content we see in the media today. What professions and businesses does adverti

AveGali [126]

Answer: Mass communication, and Journalism are the professions that advertising supports.

Advertising helps all forms of businesses

Explanation: Advertisement involves sending out information about a product/services an organization provides to it's target market. Advertisement has several forms such as the use of radio broadcast, televised adverts, posters, billboards, social media adverts etc.

Advertising has created a career for individuals in the area of Mass communication and journalism.

8 0

2 years ago

Suppose that in your first year of college you spend $31,300.00 more than you eam. In your second year, your expenses increase a

ryzh [129]

Answer: See explanation

Explanation:

Based on the information provided in the question, the deficit in the 3rd year of college will be: = $32,150

The total debt that one owes in the 3rf year will then be the addition of the debts from the 1st to the 3rd year and this will be:

= $31,300 + $31,900 + $32,150

= $63,232

5 0

2 years ago

Read 2 more answers

inventory Turnover and Days' Sales in Inventory The following financial statement data for years ending December 31 for Holland

Varvara68 [4.7K]

Answer:

Year 2014 Year 2013

a) Inventory Turnover ratio 3.4 times and 3.1 times

b) Number of days' sales in inventory 107.3 days and 117.7 days

Explanation:

As per the data given in the question,

As we know that

Inventory turnover ratio = Cost of goods sold ÷ Average inventory

where,

Average inventory

= (Beginning inventory + ending inventory) ÷ 2

For Year 20Y4 :

Average inventory = ($359,160 + $516,840 ) ÷2

= $438,000

And, the cost of goods sold is $1,489,200

So,

Inventory Turnover ratio

= $1,489,200 ÷ $438,000

= 3.4 times

For Year 20Y3 :

Average inventory = ($251,120 + $359,160) ÷ 2

= $305,140

And, the cost of goods sold is $945,934

So,

Inventory Turnover ratio

= $945,934 ÷ $305,140

= 3.1 times

Now

Number of days' sales in inventory = Number of days in a year ÷ Inventory Turnover ratio

For 20Y4

= 365 days ÷ 3.4

= 107.3 days

For 20Y3

= 365 days ÷ 3.1

= 117.7 days

Basically we applied the above formulas

4 0

3 years ago

As the average income in China continues to increase, explain how the following will change: a. The demand for beef b. The dem

7nadin3 [17]

Answer:

C. increase if beef is a normal good; decrease if rice is an inferior good.

Explanation:

As the average income in China continues to increase, we would expect the demand for beef to increase if beef is a normal good and the demand for rice to decrease if rice is an inferior good.

Normal goods are goods whose demand increase with the increase in income of consumer, however, demand decreases with the decrease in the income of consumer as we know Income is a key factor, which affect the demand of goods and services. Examples of Normal goods are Beef, Pizza, etc.

Inferior goods are goods whoes demand decreases with the increase in income of consumer, however, demand increases with the decrease in the income of consumer. Examples of Inferior goods are Cereal, Rice, non branded noodles etc.

7 0

3 years ago

Ashwin is supposed to sell 10 units in a week. At the end of the week, it is found that he has sold only 6 units, Which step of

marysya [2.9K]

The step of the process of control that is illustrated in this question is measuring performance.

<h3>What is the process of control?</h3>

This is the process that is done in order to make sure that the performance of a business is carried out effectively using a series of steps.

The measurement of performance is done to check out how the business is doing, It helps to see if the objectives are being met.

Read more on the control process here:brainly.com/question/14051119

8 0

2 years ago